$1,000,000

This 3-unit property, consisting of a Craftsman Duplex and a Ranch-Style Bungalow, is in an extraordinary community-style enclave that offers suburban tranquility with prime geographic positioning that is rare in Alameda’s highly coveted East-end. It features a total of approximately 2,638 square feet of living space on an approximately 10,760 square foot lot that is tucked away at the end of Pease Court off Encinal Avenue, just a short block east of Broadway. 1223 Pease Ct has a stucco exterior. With its distinct sense of independence and privacy, it features a standalone 2-bedroom, 1-bath cottage at street level with approximately 732 square feet of living space. 1228 & 1230 Pease Ct is a Craftsman Duplex with wood siding that displays a gabled roof with prominent cross gables and classic gable dormers. It features a single-level, 2-bedroom, 1-bathroom unit on the left that spans approximately 731 square feet of living space and includes a backyard, and a 2-story, 3-bedroom, 1-1/2-bathroom spacious unit on the right with approximately 1,210 square feet of living space that also includes a backyard. Property has 1 driveway that is attendant to 1223 Pease Ct and 3 uncovered carports. Adding to its appeal is its highly efficient utility configuration where residents pay for their own gas, electricity, water, sewer and garbage services. Each unit has its own gas water heater and laundry hookups. This clean, straightforward configuration maximizes net operating income for the Owner and removes the common friction points of shared utility management. A quick stroll away is Alameda’s ever-popular Park Street, which is known for its unique shops, a wide variety of restaurants, and the historic Alameda Theatre. Pease Court also offers easy access to local and Transbay AC Transit bus line, east-end schools, and shopping at the South Shore Shopping Center.